Mahalaxmi Seamless Ltd

Mahalaxmi Seamless Ltd (MAHALXSE) is a micro-cap Industrial Products company valued at ₹5 crore operating in Iron & Steel Products on the NSE and BSE.

Recent price move

Mahalaxmi Seamless Ltd last traded at ₹10.34, unchanged on the day.

Recent developments

2026-06-30: The company reported a net loss of ₹0 crore for the latest financial year, continuing a pattern of zero profit across all quarters since 2025-09-30. 2026-06-30: The company's latest quarter revenue rose 37.8% year-over-year, but net profit remained unchanged at ₹0 crore.

Financial performance

The company's business has stagnated, with annual revenue rising just 1.6% to ₹2 crore. The latest quarter saw revenue jump 37.8% to ₹1 crore, but net profit remained at ₹0 crore, matching the previous year's quarter. Margins have collapsed, with net profit margin falling to -3.9% from 13.7% a year earlier, and return on equity plummeting to -54.4%.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at -8.83 times book value.

Things to watch

The company has reported a net loss of ₹0 crore for the latest financial year, continuing a trend of zero profit. Net profit margin has deteriorated to -3.9%, down 17.6 percentage points from the prior year. Return on equity is -54.4%, indicating poor profitability relative to equity.

Where it stands

The company remains unprofitable, with net profit at ₹0 crore for the latest financial year and all quarters since 2025-09-30. Revenue rose 37.8% in the latest quarter but net profit stayed flat. The most significant movement was the collapse of net profit margin to -3.9%.

Summarised by DocStoX's model on 2026-10-18 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.